Most listings are in the $30's per square foot per year. The West Berkeley submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the East Bay market, the West Berkeley submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 14 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the West Berkeley are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 9,100 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1961 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst West Berkeley folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.